http://jaredbernsteinblog.com/talkin-revenues-and-loopholes/ Facts, Thoughts, and Commentary Fri, 24 May 2013 13:32:05 +0000 hourly 1 http://jaredbernsteinblog.com/talkin-revenues-and-loopholes/#comment-504124 Tom in MN Thu, 07 Feb 2013 05:20:30 +0000 http://jaredbernsteinblog.com/?p=7801#comment-504124 The way I look at this is that the Hedge Fund manager is the real moocher. Most of their tax is for insurance (medicare and SS) that they get the benefit of directly. By not paying their fair share for all the other stuff, education, defense, etc, when they have the ability to pay, that is real mooching. People on disability, retired, etc, that don’t pay taxes because they already did or can’t is totally different from having a $250k income and expecting a free ride.

]]> http://jaredbernsteinblog.com/talkin-revenues-and-loopholes/#comment-504005 Tyler Healey Thu, 07 Feb 2013 04:13:28 +0000 http://jaredbernsteinblog.com/?p=7801#comment-504005 I’d love to see the Federal Insurance Contributions Act (FICA) tax abolished. This would have no effect on future Social Security and Medicare benefits because, as James Galbraith has written, “Social Security and Medicare are government programs; they cannot go bankrupt, and they cannot fail to meet their obligations unless Congress decides … to cut the benefits they provide.”

]]>